ICICI Bank Q4: Net Profit Up 8.47%, Executive Cites RBI Forex Rules for Treasury Losses

ICICI Bank delivered exceptional Q4 performance with net profit rising 8.47% to ₹137.00 billion and provisions dropping dramatically by 96% QoQ to ₹961 million. Bank executives provided transparency by attributing treasury losses to RBI forex regulations, while asset quality metrics improved significantly with GNPA declining to 1.40% and NNPA to 0.33%.